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European Economics Preview: UK Labor Market Data Due


Labor market statistics from the UK and economic sentiment from Germany are due on Tuesday, headlining a light day for the European economic news.

At 1.00 am ET, Statistics Finland releases monthly national output for May.

At 3.00 am ET, unemployment data for April is due from Turkey. The unemployment rate had increased to 13.8 percent in March from 13.6 percent rise in the previous month.

At 4.30 am ET, the Office for National Statistics publishes UK unemployment data. The ILO jobless rate is seen unchanged at 3.8 percent in three months to May.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is seen falling slightly to -22 in July from -21.1 in June.

In the meantime, the euro area foreign trade data is due. The trade surplus is seen at seasonally adjusted EUR 17.5 billion in May compared to EUR 15.3 billion in April.

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